Charting Growth: Virginia’s Speediest Developing Cities

Charting Growth: Virginia's Speediest Developing Cities

The Appalachian Trail, oysters, and the number of presidents who have hailed from Virginia—dubbed “The Mother of States” because it was one of the first states to be settled—are some of its most well-known attractions.

Dispersed throughout cities like Richmond, Arlington, and Norfolk, this state is home to about 8.65 million people. Examine this list if you’re thinking about relocating to Virginia but are unsure about which places to choose.

The Virginia cities with the quickest rates of growth are listed here. Read on to discover which cities made the list, from Chesapeake to Newport News. Your next residence may be one of these.

Chesapeake

Chesapeake, Virginia, which ranks second on our list of Virginia’s fastest growing cities, is well-known for its plentiful seafood, especially oysters. Chesapeake’s population increased by 5%, bringing it to just around 251,300 people now.

The median sale price of a home in Chesapeake is $373,890, which illustrates the trends in the local real estate market. If you’re thinking about renting, a two-bedroom apartment typically costs about $1,535 a month.

Suffolk

The median sale price of a home in Suffolk is a respectable $352,625, which indicates a steady and possibly profitable real estate market. Furthermore, for individuals looking to rent, a two-bedroom apartment’s average rent of $1,095 is very affordable.

Charting Growth: Virginia's Speediest Developing Cities

With so many fantastic parks including Bennett’s Creek Park & Boat, Lake Meade Park, and Sleepy Hole Park, it should come as no surprise that a lot of people are relocating to Suffolk.

In addition to museums like the Suffolk Seaboard Station Railroad Museum and performance spaces like the Suffolk Center for Cultural Arts, the city offers residents a thriving arts and entertainment scene.

Read Also: Crime-Free California: 5 Small Towns Where Safety Is a Way of Life

Newport News

Newport News, Virginia, is a historic city in southeast Virginia known for its shipbuilding and coal industries, as well as for being the site of the first powered flight.

The median sale price of a home in Newport News, Virginia, is $253,600, indicating a competitive but steady housing market. In the meanwhile, a two-bedroom apartment’s average cost of roughly $1,425 provides an idea of the city’s rental market.

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Portsmouth

Portsmouth, Virginia, is renowned for being a historic seaside town. It is situated in southeast Virginia along the Elizabeth River. The town is well-known for its shipbuilding industry and maritime heritage.

Charting Growth: Virginia's Speediest Developing Cities

Yoolks On Us, Fish & Slips Marina Raw Bar & Grill, and The Bier Garden are some of the favorite local spots to grab a bite to eat. The median sale price of a home in Portsmouth is $241,689, indicating a steady and active real estate market.

In terms of renting costs, a two-bedroom apartment typically costs $1,075 a month, which makes it a reasonably priced choice for people wishing to live in this energetic seaside city.

Read Also: This South Carolina City Has Been Named as the Fastest Growing City in the State

Hampton

The city’s historical significance and status as the hub of the Hampton Roads metropolitan area are its greatest known attributes. The city is renowned for having stunning beaches that draw visitors from all over the world.

The consistent $255,000 median sale price of homes in Hampton reflects a constant and decently priced housing market. In addition, the average monthly rent for a two-bedroom apartment is roughly $1,674 for individuals who are thinking about renting.

Read Also: The Titans of Growth: Tennessee’s 5 Booming Urban Centers

To Conclude

Virginia has a diverse range of historical sites, breathtaking landscapes, and lively cultures. There is something for every taste in Virginia, from vibrant seaside communities to iconic historical sites.

This state offers an amazing experience, regardless if your desire to tour the birthplaces of presidents or indulge in delicious seafood on the Chesapeake Bay.

Virginia is a state on the rise, with its expanding cities, robust job economy, and plenty of outdoor recreation options. Consequently, make sure to have Virginia on your short list if you’re thinking about moving. You may find what becomes your new favorite spot to live.

Reference

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With more than two years of expertise in news and analysis, Eileen Stewart is a seasoned reporter. Eileen is a respected voice in this field, well-known for her sharp reporting and insightful analysis. Her writing covers a wide range of subjects, from politics to culture and more.